UK - Public sector discount rates should be tied to UK economic growth to reflect future tax revenues needed to fund the scheme, the Pensions Policy Institute says.
NAPF chief grades pension issues; Bad news for UK pensions; Challenges looming for UK auto-enrolment plan; Hutton calls for end to state final salary schemes; Biggest public sector fund sees rise in opt-out; Unions warn of strikes over pension reforms...
Schemes must take action before 31 March if they are to reduce their 2011/12 Pension Protection Fund (PPF) levies, Aon Hewitt urges.
Public sector discount rates should be tied to UK economic growth to reflect future tax revenues needed to fund the scheme, the Pensions Policy Institute says.
The Baxters Food Group and the trustees of the Baxters Food Group Pension Scheme have appointed Punter Southall as their full service provider.
Tax relief on contracting out should be scrapped for all pension schemes by 2012, the Office of Tax Simplification recommends.
Lord Hutton could slash the cost of pensions already owed to public sector workers by breaking the link with future pay growth, Towers Watson says.
CHINA - China should allow pension funds to invest more money in domestic stock markets as the nation's economic development fuels companies' demand for financing, an official at the securities market regulator said.
MENA - The Middle East and North Africa (MENA) still offer investors attractive opportunities despite the current political turmoil, ING Investment Management believes.